Air China eyes Shanghai, deepened cooperation with SAL

Air China is eyeing Shanghai Airlines and plans to deepen cooperation with its Star Alliance partner following the formal rejection of its bid for Shanghai-based China Eastern Airlines last month. Sun Yu, CA's head of planning, revealed that the carrier keeps "close contact" with SAL and plans to expand their collaboration. "But whether we can reach an agreement with SAL is up to the Shanghai municipal government," the airline's controlling stakeholder. Sun said CA has started talks with ...

Settling into his new role as the head of IATA, director general and CEO Alexandre de Juniac has made clear his frustration with government policies that fail to recognize the value of aviation....More

The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs, coupled with a sluggish global economy that lead IATA forecasters to believe next year’s industry net profit will be almost $6 billion lower than 2016’s expected profit....More